“Congress must put party politics aside and do what’s right for the country. The Arizona Chamber is calling on our entire congressional delegation to work swiftly to pass this deal.”
PHOENIX (May 30, 2023) — “We’re encouraged that President Biden and House leadership have come together under the wire to reach a compromise to raise the debt ceiling.
“Now, Congress must do its part to pass it.
“A default on our debt would be disastrous for the American economy, harming job creators, workers and families, and undermining U.S. leadership around the world.
“The strength of Arizona’s business environment relies on certainty and predictability, and the continued debt ceiling impasse poses a real and escalating threat to job creators. Instead of worrying whether a new product will boost sales or whether financing can be secured to expand a plant, businesses are left wondering whether Congress will take the steps necessary to ensure the nation can continue to pay its bills or whether it will unleash chaos on domestic and international markets.
“The time for debate over whether to raise the debt limit has come to an end. If we are to avoid catastrophic and long-term economic consequences, then it must be done. Congress must put party politics aside and do what’s right for the country.
“The Arizona Chamber is calling on our entire congressional delegation to work swiftly to pass this deal.”
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